Projo Biz Blog

Providence software firms wins state investment

10:25 AM Mon, Sep 29, 2008 |
By Business staff    Email this author |   Email this entry

Tizra, Inc., a Providence-based developer of web publishing software, this morning received a $350,000 investment from the Slater Technology Fund, bringing its total funding from Slater to $650,000.

Founded two years ago, Tizra has closed deals with a number of major customers, including MIT Press, Duke University Press, the New York Botanical Garden Press and The Federation Press. The company also has a distribution agreement with The Association of American University Presses.

"Tizra has spotted an important opportunity for publishers, and enabled it with a graceful, deceptively simple, technology solution," said Thorne Sparkman, managing director of Slater.

The Slater Technology Fund is a state-backed venture capital fund that invests in new ventures committed to building their businesses in Rhode Island.

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